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Real rural wages plunge 3.8 per cent in September -Harish Damodaran

-The Indian Express The daily wage rate in Rural India for male workers across 25 occupations (12 agricultural and 13 non-agricultural) averaged Rs 331.29 during September, as per field data compiled by the Labour Bureau. Real rural wages growth has fallen to an all-time-low of minus 3.8% in September, further confirming the deep structural slowdown in ‘Bharat’ that is also evidenced in sluggish fast-moving consumer goods (FMCG) and two-wheeler sales. The daily wage...

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CII suggestion to Revenue Secy: Focus on consumption, investment

-The Indian Express CII recommended adoption of an expansionary fiscal policy to allow fiscal deficit to increase by around 0.5 per cent to 0.75 per cent of GDP, which will give government additional fiscal space of Rs 1.1 lakh crore to Rs 1.6 lakh crore. In a pre-Budget consultation meeting with Revenue Secretary Ajay Bhushan Pandey, the Confederation of Indian Industry (CII) shared its pre-Budget Memorandum recommendations, focusing on providing impetus...

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India's rural poverty has shot up -Pramit Bhattacharya & Sriharsha Devulapalli

-Livemint.com Bihar, Jharkhand and Odisha have seen sharp increases in poverty rates over the past few years, an analysis of the national statistical office data suggests Ever since India moved to a high growth trajectory in the 1980s, poverty rates have consistently declined over time. Until now. A Mint analysis of the consumption expenditure numbers reported by the National Statistical Office (NSO) in a hushed-up report suggests that rural poverty rose nearly 4...

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Indians are getting sick mostly due to infections: NSSO report -Banjot Kaur

-Down to Earth Treatment of cardiovascular diseases cost a bomb in Rural India Among all ailments, it is infections that are making Indians the most sick. And, this is true for both, rural and urban areas, according to latest study of the National Sample Survey Office (NSSO). These infections include malaria, viral hepatitis / jaundice, acute diarrhoeal diseases / dysentery, dengue fever, chikungunya, measles, acute encephalitis syndrome, typhoid, hookworm infection filariasis, tuberculosis and...

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